Brexit deal on the Horizon? -Global....>

BOND SUMMARY: Brexit deal on the Horizon? -Global Government Bonds have been led

with the UK curve, with Lots of Brexit optimism out there going around. 

-EU's Tusk says pm Johnson promised EU to come forward with solution that would

work for all (RTRS) 

-Tusk: unfortunately, we are still in situation in which UK has not come forward

with realistic and workable proposal(RTRS) 

-Regardless, JPM lifts chance of exit with withdrawal agreement to 50% from 5%,

cuts no deal Brexit probability to 5% from 10% previously. 

-GBPUSD is up 2.8%, pushing Gilts south, at one point 93 ticks in negative

territory, but off their worst levels at the time of typing. 

-EGB's & TSYs started were better bid on unwinding, after Bunds & Tsys leg lower

on the more Hawkish leaning comments from the like of Draghi and De Guindos for

Bunds. - And Overnight comments from Trump: "China have been very nice in trade

talks" for Treasuries. -EGBs and Tnotes are off their respective highs on the UK

Gilts selling.